Efforts to make Boughey Distribution a more efficient and therefore attractive option for subcontractors have paid off, according to owner NWF Group. In its results for the twelve months to 31 May 2016, Boughey Distribution delivered “a strong year” despite a backdrop of intense competition between its supermarket customers. The haulier, which specialises in storage and transportation of ambient groceries in the North West, focused on advance preparation of loads this year to ensure departures were on or ready ahead […]
Last week the MT Tracker took a break as it was judging the MT Awards – but what a difference a week makes. Rentokil finally sold City Link, to investment house Better Capital. This does make a big difference to the MT Tracker as Rentokil’s size, in comparison to every other listed transport firm, was distorting the results of the Tracker. Excluding Rentokil gives us a much truer picture of investor sentiment in the sector.
Some of road transport’s biggest companies could face a hit to their cash flow after the chancellor signalled he was bringing forward corporation tax deadlines forward yesterday.